Lead Organization: The Hellenic Capital Market Commission
The Hellenic Capital Market Commission (HCMC) was established as a legal entity by Law 1969/91 and organized by Law 2324/1995, aiming to ensure the protection and the orderly and efficient operation of the capital market, which is crucial for the growth of the national economy. HCMC's management and staff are equipped, by virtue of the European and Greek legislation, with functional and personal independence guarantees for the accomplishment of their mission.
The HCMC supports World Investor Week 2023.
Information on the HCMC’s WIW related activities On Financial Literacy
Taking into account the challenges for capital markets globally, following recent years of intense fluctuations and disruptions, mainly caused by the war between Russia and Ukraine, as well as the inflation hikes and the substantial increase of interest rates, the HCMC focuses on the key messages of World Investors Week 2023 and supports and participates actively in the WIW’s campaign. The HCMC considers WIW as a useful tool for retail investors in order to enhance their awareness and ability to deal with economic and financial developments.
The first HCMC 5year Strategic Plan, published in 2022, contains the following five pillars, which are accompanied by specific commitments:
The commitments under pillar 3 include the commitment to enhance financial literacy on capital market issues, by:
The HCMC has initiated a specific Section on its website dedicated to Financial Literacy aiming at educating mainly retail investors and market participants as well as informing the general public on domestic as well as European and international initiatives via interactive texts and spot-videos training.
In parallel, the HCMC has signed MoU’s with Economic Universities and other Institutions, such as the CFA Greece, about undertaking common initiatives, including conducting seminars for students or other interested groups, in order to raise awareness and educate them on capital market issues, such as market abuse and other forms of illegal behaviour and economic fraud prevention.
You may visit the HCMC website relevant section to find out existing financial literacy initiatives, including among others a Conference organized in June 2022 about “the Future of Sustainable Finance” as well as a Digital Conference organized in March 2021 on the post-covid Era.
(Please see : http://www.hcmc.gr/el_GR/web/portal/protoboulies-gia-chrematooikonomiko-alphabetismo)
Other initiatives taken by the HCMC, basically focused on the Principles of Financial Literacy, as follows :
The HCMC will shortly launch a brochure entitled “Do not invest with your eyes shut” in order to increase awareness of the public and promote investor protection.
World Investor Week Coordinator(s): Christina Nikolia, firstname.lastname@example.org
Updated: August 23, 2023